$RAY

/USDT Technical Analysis and Price Targets

The RAY/USDT pair has shown strong momentum recently, currently trading at $3.564, with a remarkable +13.90% increase in the last 24 hours. With bullish sentiment in the market, let’s analyze potential price targets.

Current Price: $3.564

24h High: $3.623

24h Low: $3.020

Key Technical Levels:

1. Target 1: $3.750 🎯

This level represents a psychological resistance point. A breakout above this could indicate further bullish momentum, suggesting that traders should monitor price action closely as it approaches this target.

2. Target 2: $4.000 🎯

If bullish momentum continues past $3.750, the next significant resistance is around $4.000. This level aligns with previous price highs and could attract profit-taking from longer-term holders.

3. Target 3: $4.250 🎯

Should the bullish trend persist, reaching $4.250 may become a realistic target. This price is based on technical projections and the overall market sentiment, as well as Fibonacci retracement levels.

Market Indicators:

SAR: Currently at 2.968, indicating a bullish trend.

Volume: 24h Volume (RAY): 16.47M and 24h Volume (USDT): 55.65M, showing healthy trading activity.

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